John Maynard Keynes

I should have drunk more Champagne.

— John Maynard Keynes

Ideas shape the course of history.

— John Maynard Keynes

Economics is a very dangerous science.

— John Maynard Keynes

The markets are moved by animal spirits, and not by reason.

— John Maynard Keynes

Chess is a cure for headaches.

— John Maynard Keynes

I am trying to re-shape and improve my central position.

— John Maynard Keynes

“I would rather be vaguely right than precisely wrong.”

— John Maynard Keynes

It is better to be roughly right than precisely wrong.

— John Maynard Keynes

The difficulty lies, not in the new ideas, but in escaping from the old ones.

— John Maynard Keynes

The study of economics does not seem to require any specialised gifts of an unusually high order.

— John Maynard Keynes

The power of vested interests is vastly exaggerated compared with the gradual encroachment of ideas

— John Maynard Keynes

I am sure that the power of vested interests is vastly exaggerated compared with the gradual encroachment of ideas.

— John Maynard Keynes

If you owe your bank a hundred pounds, you have a problem. But if you owe a million, it has.

— John Maynard Keynes

“The avoidance of taxes is the only intellectual pursuit that carries any reward. ”

— John Maynard Keynes

I do not know which makes a man more conservative - to know nothing but the present, or nothing but the past.

— John Maynard Keynes

It's not bringing in the new ideas that's so hard; it's getting rid of the old ones.

— John Maynard Keynes

The right remedy for the trade cycle is not to be found in abolishing booms and thus keeping us permanently in a…

— John Maynard Keynes

The social object of skilled investment should be to defeat the dark forces of time and ignorance which envelope our future.

— John Maynard Keynes

It is generally agreed that casinos should, in the public interest, be inaccessible and expensive. And perhaps the same is true of…

— John Maynard Keynes

If you owe your banker a thousand pounds, you are at his mercy. If you owe your banker a million pounds, he…

— John Maynard Keynes

... a speculator is one who runs risks of which he is aware and an investor is one who runs risks of…

— John Maynard Keynes

The division of the spoils between the victors will also provide employment for a powerful office, whose doorsteps the greedy adventurers and…

— John Maynard Keynes

One blames politicians, not for inconsistency but for obstinacy. They are the interpreters, not the masters, of our fate. It is their…

— John Maynard Keynes

By this means (fractional reserve banking) government may secretly and unobserved, confiscate the wealth of the people, and not one man in…

— John Maynard Keynes

I expect to see the State, which is in a position to calculate the marginal efficiency of capital-goods on long views and…

— John Maynard Keynes

The day is not far off when the economic problem will take the back seat where it belongs, and the arena of…

— John Maynard Keynes

The time has already come when each country needs a considered national policy about what size of population, whether larger or smaller…

— John Maynard Keynes

The decadent international but individualistic capitalism in the hands of which we found ourselves after the war is not a success. It…

— John Maynard Keynes

Unlike physics, for example, such parts of the bare bones of economic theory as are expressible in mathematical form are extremely easy…

— John Maynard Keynes

The spectacle of modern investment markets has sometimes moved me towards the conclusion that to make the purchase of an investment permanent…

— John Maynard Keynes

Newton was not the first of the age of reason. He was the last of the magicians, the last of the Babylonians…

— John Maynard Keynes

“I sympathize, therefore, with those who would minimize, rather than with those who would maximize, economic entanglement among nations. Ideas, knowledge, science,…

— John Maynard Keynes

Nevertheless, if we contemplate a society with a somewhat stable wage-unit, with national characteristics which determine the propensity to consume and the…

— John Maynard Keynes

In truth, the gold standard is already a barbarous relic. All of us, from the Governor of the Bank of England downwards,…

— John Maynard Keynes

“The master-economist must possess a rare combination of gifts … He must be mathematician, historian, statesman, philosopher—in some degree. He must understand…

— John Maynard Keynes

The master-economist must possess a rare combination of gifts. He must reach a high standard in several different directions and must combine…

— John Maynard Keynes

“What an extraordinary episode in the economic progress of man that age was which came to an end in August 1914! The…

— John Maynard Keynes

“I cannot leave this subject as though its just treatment wholly depended either on our own pledges or economic facts. The policy…

— John Maynard Keynes

“The war has ended with every one owing every one else immense sums of money. Germany owes a large sum to the…

— John Maynard Keynes

“My feelings about Das Kapital are the same as my feelings about the Koran. I know that it is historically important and…

— John Maynard Keynes